Ownership and Growth

This article suggests how state enterprises can be incorporated into the theoretical and empirical growth literature. Specifically, it shows that if state enterprises are less efficient than private firms, invest less, employ less skilled labor, an...

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Bibliographic Details
Main Authors:	Gylfason, Thorvaldur, Herbertsson, Tryggvi Thor, Zoega, Gylfi
Format:	Journal Article
Language:	English en_US
Published:	Washington, DC: World Bank 2014
Subjects:	ALLOCATION ALLOCATION OF RESOURCES AVERAGE GROWTH BANKING SERVICES BUDGET CONSTRAINT BUDGET CONSTRAINTS CAPITAL STOCK CAPITALISM COMMUNISM COMPETITIVE MARKET CORPORATE OWNERSHIP COST MINIMIZATION DEVELOPING COUNTRIES DEVELOPMENT INDICATORS ECONOMIC ACTIVITY ECONOMIC AFFAIRS ECONOMIC GROWTH ECONOMIC POLICY ECONOMIC STUDIES ECONOMICS EDUCATIONAL ATTAINMENT ELASTICITY EMPIRICAL EVIDENCE EMPIRICAL GROWTH LITERATURE EMPIRICAL RESULTS EMPIRICAL STUDIES ENTERPRISE EMPLOYMENT ENTREPRENEURSHIP ESTIMATION METHOD EXTERNAL DEBT FACTORS OF PRODUCTION FISCAL DEFICITS FOREIGN COMPETITION GDP GOVERNMENT BUDGET GOVERNMENT EXPENDITURE GOVERNMENT OWNERSHIP GROWTH EFFECT GROWTH EQUATION GROWTH PROCESS GROWTH RATE GROWTH REGRESSION GROWTH REGRESSIONS GROWTH THEORY HEALTH CARE HUMAN CAPITAL INCOME INEQUALITY INCORPORATED INCREASES GROWTH INDEPENDENT VARIABLE INEFFICIENT STATE ENTERPRISES INFLATION INVESTMENT RATE INVESTMENT RATIO LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LIMITED LOW-INCOME COUNTRIES MANAGERS MONETARY ECONOMICS MONETARY POLICY MONOPOLIST MONOPOLISTS MONOPOLY NEGATIVE EFFECT PER CAPITA GROWTH POINT ESTIMATES POLICY RESEARCH POLITICAL ECONOMY POLITICAL INSTABILITY PRINCIPAL-AGENT PRIVATE ENTERPRISE PRIVATE ENTERPRISES PRIVATE FIRMS PRIVATE INDUSTRY PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OWNERSHIP PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROFIT MAXIMIZATION PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISE PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC SECTORS RAPID GROWTH REPUBLIC SAVING RATE SHARE OF EMPLOYMENT SKILLED LABOR SOCIALISM STANDARD DEVIATION STATE COFFERS STATE ENTERPRISE STATE ENTERPRISE SECTOR STATE ENTERPRISES STATE FIRMS STATE INVOLVEMENT STATE OWNERSHIP STATE PROPERTY STATE SECTOR STATE-OWNED ENTERPRISES TAX UNEMPLOYMENT UNION WAGES
Online Access:	http://documents.worldbank.org/curated/en/2001/09/17737471/ownership-growth http://hdl.handle.net/10986/17439

Internet

http://documents.worldbank.org/curated/en/2001/09/17737471/ownership-growth
http://hdl.handle.net/10986/17439

Ownership and Growth

Internet

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